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Spring Statement

An overview of the Chancellor's announcements.

  1. Resources
  2. Tax information

Introduction

Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025.

Government spending announcements

Highlighting national security, state reform and growth.

Personal Tax

Highlighting income tax, pensions and non-UK domiciled individuals.

National Insurance contributions

Highlighting employees, employers and the self-employed.

Employment

Highlighting the National Living Wage, the National Minimum Wage and company cars.

Capital taxes

Highlighting capital gains tax and inheritance tax.

Business

Highlighting MTD for income tax, corporation tax, capital allowances and Furnished Holiday Lettings.

Other matters

Highlighting consultations and VAT.

Hot topics, business news & firm news

Keep up with the latest business news, as well as what's happening at our firm.

Hot Topic

Can broken business rates be fixed?

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A review of the Treasury's proposals.

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Latest Business News

Give State Pension its own PAYE scheme, says LITRG

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The Treasury should make it easier for state pensioners to pay any tax they owe with a Pay as You Earn (PAYE) scheme, says the Low Incomes Tax Reform Group (LITRG).

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Our latest news

Charity of the year

14 Feb 2025

We’re pleased to share that our chosen charity for 2025 is The Pied Piper Appeal, an organisation dedicated to supporting children in Gloucestershire facing serious illnesses or medical conditions.

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